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Books > Business & Economics > Economics > Microeconomics > General

Understanding Modern Money - The Key to Full Employment and Price Stability (Paperback): L.Randall Wray Understanding Modern Money - The Key to Full Employment and Price Stability (Paperback)
L.Randall Wray
R753 Discovery Miles 7 530 Shipped within 20 - 25 working days

In this innovative and very practical book, L. Randall Wray argues that full employment and price stability are not the incompatible goals that current economic theory and policy assume. Indeed, he advances a policy that would generate true, full employment while simultaneously ensuring an even greater degree of price stability than has been achieved in the 1990s. Wray's clearly written argument incorporates incisive historical analysis, modern monetary theory, and an examination of policy alternatives that rises above the doctrinal debates among monetarists, supply-siders and Keynesians over natural or non-inflationary rates of unemployment. Understanding Modern Money proclaims that a labor buffer stock program would guarantee full employment and increase labor productivity and economic growth, while reducing inflationary pressures. Wray's analysis shows that, contrary to popular belief, the dangers of a government budget deficit are largely imaginary. He outlines a program in which the government acts as employer of last resort, thereby providing employment and training to the otherwise unemployed, and stabilizing the wage scale which acts as a brake on inflation. This permits greater price stability without requiring conventional methods such as wage and price controls or countercyclical monetary policy. This ground-breaking book offers important new ways of thinking for policymakers, students, and general readers interested in economics, employment policies, and monetary theory.

Spatial Economics (Hardcover): Masahisa Fujita Spatial Economics (Hardcover)
Masahisa Fujita
R8,987 Discovery Miles 89 870 Shipped within 20 - 25 working days

This authoritative two-volume collection presents a selection of seminal articles investigating the spatial aspect of economic processes and development. Special attention is given to the economics of agglomeration and examining the fundamental issue of the formation and concentration of economic activity in geographical space. These volumes comprise the most important articles published during the last 50 years on the economic modelling of endogenous mechanisms leading to agglomeration. Spatial Economics will be essential reading for students and researchers alike, containing 35 articles, dating from 1949 to 2002.

The New Evolutionary Economics (Hardcover): Kurt Dopfer, Jason Potts The New Evolutionary Economics (Hardcover)
Kurt Dopfer, Jason Potts
R16,192 Discovery Miles 161 920 Shipped within 20 - 25 working days

This three volume set gathers together selected key articles in evolutionary economics, ordering these into the domains of micro analysis (concerned with agents), meso analysis (concerned with rule populations and trajectories) and macro analysis (concerned with the structure and development of the whole economy). This authoritative collection, with an original introduction by the editors, will be of interest to scholars and researchers seeking to understand how evolutionary economics fits together and to advance such an integrated approach.

The Political Economy of Financial Crises (Hardcover): Roy E. Allen The Political Economy of Financial Crises (Hardcover)
Roy E. Allen
R11,142 Discovery Miles 111 420 Shipped within 20 - 25 working days

This important and timely two-volume collection presents the key issues and processes that surround recent large-scale financial crises - in Asia, Latin America, and elsewhere - and identifies procedures that will help to avoid and manage crises. The articles are drawn from leading journals in political economy, international relations, political science and economics. The reconstruction of the international financial architecture is identified as a working compromise which brings together neo-Keynesian and neo-liberal principles but which, in itself, cannot fully answer the challenges of systemic risk. Globalization processes contribute to systemic risk and complicate the efforts of the IMF and other international financial institutions to create order and stability. The Political Economy of Financial Crises will be invaluable to a broad interdisciplinary audience as a reference source to support teaching and research.

The Enlightened Economy - Britain and the Industrial Revolution, 1700-1850 (Paperback): Joel Mokyr The Enlightened Economy - Britain and the Industrial Revolution, 1700-1850 (Paperback)
Joel Mokyr 1
R554 R382 Discovery Miles 3 820 Save R172 (31%) Shipped within 20 - 25 working days

This book focuses on the importance of ideological and institutional factors in the rapid development of the British economy during the years between the Glorious Revolution and the Crystal Palace Exhibition. Joel Mokyr shows that we cannot understand the Industrial Revolution without recognizing the importance of the intellectual sea changes of Britain's Age of Enlightenment. In a vigorous discussion, Mokyr goes beyond the standard explanations that credit geographical factors, the role of markets, politics, and society to show that the beginnings of modern economic growth in Britain depended a great deal on what key players knew and believed, and how those beliefs affected their economic behavior. He argues that Britain led the rest of Europe into the Industrial Revolution because it was there that the optimal intersection of ideas, culture, institutions, and technology existed to make rapid economic growth achievable. His wide-ranging evidence covers sectors of the British economy often neglected, such as the service industries.

The Economics of Choice, Change and Organization - Essays in Memory of Richard M. Cyert (Paperback): Mie Augier, James G. March The Economics of Choice, Change and Organization - Essays in Memory of Richard M. Cyert (Paperback)
Mie Augier, James G. March
R1,204 Discovery Miles 12 040 Shipped within 20 - 25 working days

This collection of original essays has been commissioned especially for this volume in honour of the ideas and work of the late Richard M. Cyert who made a seminal contribution to the fields of industrial organization and change. In keeping with the range and significance of his work, the essays in this book examine the economics of decision making, uncertainty, information processing, learning, evolution and organizational structure. The distinguished set of contributors discusses the following topics: * behavioural and evolutionary theories of the firm * cognitive factors in organization and economic action * the place of rules in organizations * learning from experience and from the knowledge of others * selection in economic change * the impact of information technology and the evolution of organizational forms. This coherent and worthy collection emphasizes the adaptive nature of economic action and the links between economies and studies of human information processing and action. It will be essential reading for scholars with an interest in behavioural and adaptive economics, along with industrial organization.

The Political Economy of Institutional Change in the Electricity Supply Industry - Shifting Currents (Hardcover, illustrated... The Political Economy of Institutional Change in the Electricity Supply Industry - Shifting Currents (Hardcover, illustrated edition)
Carlos Rufin
R2,331 Discovery Miles 23 310 Shipped within 20 - 25 working days

Through a variety of analytical lenses - formal modeling, econometrics and case study comparisons - Carlos Rufin fills a gap in the political economy of second-wave, or microeconomic, reforms around the world. More specifically, he does so in the context of the electricity supply industry, where such reforms have been as problematic as they have been widespread. The author shows that ideological considerations and bargaining over the distribution of economic rents accruing from certain institutional arrangements are powerful shapers of institutional change. At the same time, the legacy of the past does not appear to have a clear or systematic effect on the direction of second-wave reforms that seek to transform existing economic institutions. If distributional conflicts can be resolved, these conclusions provide grounds for optimism about the ability to create new institutions even in countries where little favorable precedent exists. Political economy and public policy scholars, specialists on business-government relations and non-market strategy and those interested in Latin America will find this comprehensive book of great interest. Practitioners involved in the design and implementation of second-wave reforms around the world will find this an essential addition to their library.

Institutions, Innovation and Growth - Selected Economic Papers (Hardcover, illustrated edition): Jean-Philippe Touffut Institutions, Innovation and Growth - Selected Economic Papers (Hardcover, illustrated edition)
Jean-Philippe Touffut
R2,686 Discovery Miles 26 860 Shipped within 20 - 25 working days

The first book in this important new series, under the general editorship of Nobel Laureate Robert Solow, Institutions, Innovation and Growth assembles a stellar cast of international contributors. Leading economists join the debate on innovation and economic growth, focussing on a broad spectrum of issues ranging from labour markets to corporate governance. Growth paths within the OECD are also assessed, with particular emphasis on contrasts between US and European models. The book seeks to identify those institutional factors, taking into account different national trajectories, which might serve to promote economic growth in Europe. As with all books in this series, Institutions, Innovation and Growth offers cutting edge research that is relevant to the world in which we live. It will be essential reading for scholars, policymakers and interested readers concerned with the economic challenges facing Europe in the twenty-first century.

Beyond Profit and Self-Interest - Economics with a Broader Scope (Hardcover): Robert Scott Gassler Beyond Profit and Self-Interest - Economics with a Broader Scope (Hardcover)
Robert Scott Gassler
R2,764 Discovery Miles 27 640 Shipped within 20 - 25 working days

This book attempts to reformulate existing orthodox economic theory in order to improve its conversation with disciplines that have traditionally been seen as the domain of political scientists, sociologists, psychologists and even biologists, and to fit economics into the broader scheme of social science theory. Drawing on general systems theory, Robert Scott Gassler applies economic analysis to a wide range of social phenomena that incorporate motives other than profit or self-interest, such as altruism and non-profit organisations. He debates in depth the means, problems and advantages of adapting economic theory to new sets of assumptions, and of communicating this theory intelligibly to those in related fields. This book should not only be read by political and social economists, but is also accessible to those in the fields of education, health and non-profit administration, public affairs, and urban planning to name but a few.

Institutions, Innovation and Growth - Selected Economic Papers (Paperback): Jean-Philippe Touffut Institutions, Innovation and Growth - Selected Economic Papers (Paperback)
Jean-Philippe Touffut
R1,175 Discovery Miles 11 750 Shipped within 20 - 25 working days

The first book in this important new series, under the general editorship of Nobel Laureate Robert Solow, Institutions, Innovation and Growth assembles a stellar cast of international contributors. Leading economists join the debate on innovation and economic growth, focussing on a broad spectrum of issues ranging from labour markets to corporate governance. Growth paths within the OECD are also assessed, with particular emphasis on contrasts between US and European models. The book seeks to identify those institutional factors, taking into account different national trajectories, which might serve to promote economic growth in Europe. As with all books in this series, Institutions, Innovation and Growth offers cutting edge research that is relevant to the world in which we live. It will be essential reading for scholars, policymakers and interested readers concerned with the economic challenges facing Europe in the twenty-first century.

Consumer Expectations - Micro Foundations and Macro Impact (Paperback): Richard Thomas Curtin Consumer Expectations - Micro Foundations and Macro Impact (Paperback)
Richard Thomas Curtin
R805 Discovery Miles 8 050 Shipped within 20 - 25 working days

Richard Curtin has directed the University of Michigan's consumer sentiment surveys for more than four decades. His analyses of recent trends in consumer expectations are regularly covered in the worldwide press. In this book, Curtin presents a new theory of expectations. Whereas conventional theories presume that consumers play a passive role in the macro economy, simply reacting to current trends in incomes, prices, and interest rates, Curtin proposes a new empirically consistent theory. He argues that expectations are formed by an automatic process that utilizes conscious and nonconscious processes, passion and reason, information from public and private sources, and social networks. Consumers ultimately reach a decision that serves both the micro decision needs of individuals and reflects the common influence of the macro environment. Drawing on empirical observations, Curtin not only demonstrates the importance of consumer sentiment, but also how it can foreshadow the cyclical turning points in the economy.

Shadow Prices for Project Appraisal - Theory and Practice (Hardcover): Elio H. Londero Shadow Prices for Project Appraisal - Theory and Practice (Hardcover)
Elio H. Londero
R2,535 Discovery Miles 25 350 Shipped within 20 - 25 working days

Capitalizing on the extensive experience of the author in estimating shadow prices, Shadow Prices for Project Appraisal forges a bridge between theory and practice, explaining what shadow (or accounting) prices are, how they are used, and how they can be estimated. Starting from the basic principles of applied welfare economics, Elio Londero's book provides a step by step derivation of those formulas more frequently utilized in estimating shadow prices. The preparation and use of input-output techniques are examined in detail, and different estimation approaches and updating procedures are presented. Finally, a detailed case study of shadow prices for Colombia illustrates their practical application. This book will be essential reading for students and teachers interested in cost-benefit analysis, and in shadow prices as a specialized field of applied welfare economics. In addition, the book will be an invaluable source for applied economists and practitioners interested in calculating shadow prices.

Regional Policies and Comparative Advantage (Hardcover): Borje Johansson, Charlie Karlsson, Roger R. Stough Regional Policies and Comparative Advantage (Hardcover)
Borje Johansson, Charlie Karlsson, Roger R. Stough
R3,801 Discovery Miles 38 010 Shipped within 20 - 25 working days

This book analyses the conception of economic development in modern regions, which has gone through a fundamental change since the early 1980s. Regions are today increasingly looked upon as independent market places that are connected via interregional and international trade and not as administrative units embodied in a national state. Two complementary theoretical frameworks explain the specialization of economic activity at the regional level. The traditional approach assumes that the comparative advantages of regions depend upon differences in the supply of lasting resources. In contrast the new complementary framework called the New Economic Geography, assumes that the dynamic interaction between geographical market potentials and rational firms in its own way creates the comparative advantage of regions. The contributors to this book examine the policy implications of the complementarity of the competing views in a variety of geographic and functional contexts. The first set of papers examines the effect of regional policy on firm locational decision-making. This leads to another set evaluating a variety of regional policy efforts. New and different methodological approaches are examined in another set of papers. The final part of the book focuses on new concepts. Economists, geographers and readers interested in regionalization, trade and development will find this book informative.

The Economics of Heritage - A Study in the Political Economy of Culture in Sicily (Hardcover, illustrated edition): Ilde Rizzo,... The Economics of Heritage - A Study in the Political Economy of Culture in Sicily (Hardcover, illustrated edition)
Ilde Rizzo, Ruth Towse
R2,281 Discovery Miles 22 810 Shipped within 20 - 25 working days

Based on the assumption that without understanding institutions, economists cannot make satisfactory policy prescriptions, this book draws some insightful conclusions on the strengths and limitations of applied economics in the field of heritage. Sicily provides an interesting and unique backdrop against which the study is set, demonstrating the economic complexities of heritage and the range of economic tools and concepts which can be employed to analyse it. The book is a compilation of various approaches that economists trained in different branches of economics have brought to bear on heritage. It considers the political economy of heritage policy from a variety of different perspectives. These include a study of the economic problems of defining and valuing culture and, through detailed case studies in the economics of regulation, an examination of the incentives and principal-agent problems in the management of heritage policy. The authors move on to discuss the public choice view of fiscal federalism and look at the problems of assessing the efficiency of policy measures. Finally, they provide an interesting overview of the national experiences of France, Scotland and Italy in terms of heritage policy. Taking a new institutional approach, this book is as much a concise manual of applied economics as a contribution to cultural economics. It stresses the need for an interdisciplinary approach to the study of heritage and offers a unique opportunity to understand law-making and administrative procedures in the civil code tradition. It will be essential reading for students, researchers and academics of cultural economics, as well as policymakers wanting to assess the value and efficiency of heritage policies.

Long Term Trends and Business Cycles (Hardcover): Terence C. Mills Long Term Trends and Business Cycles (Hardcover)
Terence C. Mills
R12,599 Discovery Miles 125 990 Shipped within 20 - 25 working days

The behaviour of long term, secular trends and shorter run, business cycle, movements in economic data have long been a concern of economists, statisticians and econometricians. The isolation and interpretation of cyclical movements was the basis for early empirical work in economics, while the early dynamic models were constructed to reproduce cyclical fluctuations. The first econometric models analysed the cyclical path of economies, while focusing attention on the processes that generate trends in economic variables has led to the recent revolution in time series econometrics. Long Term Trends and Business Cycles brings together the key contributions in these various areas and comprises 54 papers published from 1923 to 1999. It will be of interest to economists and econometricians engaged in the analysis of macroeconomic time series.

The Institutional Economy - Demand and Supply (Hardcover): David Reisman The Institutional Economy - Demand and Supply (Hardcover)
David Reisman
R2,659 Discovery Miles 26 590 Shipped within 20 - 25 working days

The institutional economy is the economy of rules and laws, conventions and precedents. It is prices but also practices, change but also constancy, individual but also interdependence. David Reisman argues that conformity and repetition as well as new initiatives and mould-breaking departures constitute the essence of supply and demand. This thorough and comprehensive book examines the role that institutions play in economic life. The discussion begins with common values, shared traditions and individual habits which have their roots in the past. It goes on to consider consumer preferences, needs and wants, altruism, malevolence, intrinsic motivation, organisational memory and the social capital that is embedded in networks and communities. Its conclusion is that there is a case for a broadly-based economics which is a science of norms and standards as well as a theory of prices and costs. Culture is continuity and pattern. Precisely the same is true of supply and demand. The Institutional Economy deals with a topic that is of increasing importance in social economics and political economy. It will be of interest to all social scientists concerned to make demand and supply more relevant to the economic conditions of the present day.

Price and Markup Behaviour in Manufacturing - A Cross Country Study (Hardcover): Michael Olive Price and Markup Behaviour in Manufacturing - A Cross Country Study (Hardcover)
Michael Olive
R2,175 Discovery Miles 21 750 Shipped within 20 - 25 working days

Price and Markup Behaviour in Manufacturing examines the role that cost, competing domestic and foreign prices, domestic demand and market structure play in determining the price and markup of manufacturing firms across a range of countries and industries. Michael Olive models imperfectly competitive behaviour at the firm level, establishing logical relationships between these variables. Aggregating these relationships gives predictions for price and markup at the industry level. Empirical analysis is carried out by estimating a pricing equation for 11 industrialised countries in Asia, Europe and North America, and for 24 International Standard Industrial Classification industries from 1970 to 1991. The results exhibit a pattern of incomplete pass-through from competing foreign price into industry price and markups that are not fixed. The author illustrates that for higher levels of industry concentration cost becomes less influential in determining industry price, while the opposite is true for competing domestic and foreign prices. This comprehensive and thorough examination of the literature on pricing, the innovative model development and the comparative analysis in this study will be of great interest to government policymakers and academics wanting to keep abreast of new developments in the area of pricing and markup.

Applied Microeconomic Theory - Selected Essays of B. Curtis Eaton (Hardcover): B.Curtis Eaton Applied Microeconomic Theory - Selected Essays of B. Curtis Eaton (Hardcover)
B.Curtis Eaton
R3,351 Discovery Miles 33 510 Shipped within 20 - 25 working days

Applied Microeconomic Theory presents a seminal collection of the author's influential papers in a number of areas of applied microeconomic theory. This invaluable volume contains a selection of both published and unpublished papers written over a period of thirty years and reveals Curtis Eaton's profound economic insight and ability. Topics covered include: * Strategic market structure. Beginning with Eaton's pioneering 1975 paper on pre-emption by product proliferation in a differentiated oligopoly and ending with his paper - in collaboration with Nicholas Schmitt - on the implications for market structure of flexible manufacturing published in 1995. * Efficiency wages, including two of the very earliest papers on the subject written in collaboration with William White. * Theory of price in both labour and output markets. * Collusive behavior, including a number of important papers written in collaboration with Mukesh Eswaran.

Firms, Governments and Economic Change - An Entrepreneurial Perspective (Hardcover): Fu-Lai Tony Yu Firms, Governments and Economic Change - An Entrepreneurial Perspective (Hardcover)
Fu-Lai Tony Yu
R2,177 Discovery Miles 21 770 Shipped within 20 - 25 working days

This topical book interprets firms, governments and economic change from an entrepreneurial perspective. Essentially, it applies the Austrian theory of human agency and evolutionary theories of the firm to explain economic organisation, the state and institutional change. Tony Yu begins by discussing the nature of entrepreneurship and the firm followed by an analysis of the role of entrepreneurship in economic change. He thoroughly analyses the process of economic development in late industrialisers, within an entrepreneurial framework outlined within the book. The author argues that ordinary and extraordinary discovery are associated with routine or imitative entrepreneurship and Schumpetarian entrepreneurship respectively. Using this classification, the author shows how it is the interaction of various types of entrepreneurial activities that transformed East Asian latecomers such as Japan, Taiwan, South Korea, Singapore and Hong Kong from traditional agrarian and fishing economies into international centres of trading, service industries and finance. Firms, Governments and Economic Change will be of special interest to scholars of industrial economics, entrepreneurship and Asian studies. It will also be of use to governmental organisations responsible for economic development, as the analysis is thoroughly up to date easy to understand.

The Legacy of Herbert Simon in Economic Analysis (Hardcover): Peter E. Earl The Legacy of Herbert Simon in Economic Analysis (Hardcover)
Peter E. Earl
R12,068 Discovery Miles 120 680 Shipped within 20 - 25 working days

Herbert A. Simon has been a leading contributor to cognitive psychology, computer science, public administration, philosophy and statistics, and is the winner of the 1978 Nobel Memorial Prize in economics. As this collection demonstrates, his impact on economics has been felt in areas as diverse as the theory of the firm and economic organization, consumer behaviour, law and economics, and environmental economics. Central to his work is the notion of bounded rationality - the mismatch between human decision-making capacities and the scale of the decision problems that people face, which results in satisficing rather than optimizing behaviour - and his belief that economic research should start from the study of actual behaviour rather than being based on convenient but unrealistic assumptions. Peter Earl's choice of articles shows both the kind of economics that emerges when Simon's philosophy is followed comprehensively, and what happens when neo-classical economists partially adopt his ideas.

The Social Impact of the Asian Financial Crisis (Hardcover): Yun-Peng Chu, Hal Hill The Social Impact of the Asian Financial Crisis (Hardcover)
Yun-Peng Chu, Hal Hill
R2,557 Discovery Miles 25 570 Shipped within 20 - 25 working days

This volume presents a scholarly insider's perspective on the Asian economic crisis, examining the social, economic and political consequences of the crisis in six influential Asian economies: Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. Each chapter contains an analysis of the events leading up to and during the crisis, the social impacts and an assessment of possible futures for these countries. The contributors expertise and use of up-to-date data ensures an integrated approach by which the process of economic change can be understood. The book reveals that professional workers in the urban financial sector, as well as manual labourers in the export sector, felt the most dramatic effects. Impacts on the latter group resulted in a significant rise in the population living below the poverty line. The book emphasises the previous absence of strong social security 'nets' and the need to strengthen macroeconomic policies and institutional, legal, regulatory and supervisory structures. Other topics covered include intractable government corruption and fiscal management. The Social Impact of the Asian Financial Crisis has a unique perspective that will ensure greater understanding of the causes and consequences of the crisis in six major economies and as such will appeal to academics, researchers and policymakers involved in Asian politics and development economics.

Frontiers of Evolutionary Economics - Competition, Self-Organization and Innovation Policy (Hardcover): John Foster, J. Stanley... Frontiers of Evolutionary Economics - Competition, Self-Organization and Innovation Policy (Hardcover)
John Foster, J. Stanley Metcalfe
R3,091 Discovery Miles 30 910 Shipped within 20 - 25 working days

Modern evolutionary economics is now nearly two decades old and in this excellent book, a distinguished group of evolutionary economists identify the most important developments and discuss the direction of future research. By moving away from traditional concerns with the operation of selection mechanisms towards a preoccupation with the manner in which the novelty and variety provide fuel for such mechanisms, the authors identify a key development in the field. Evolutionary economists have been drawn into the modern complexity science literature which attempts to provide an understanding of how and why 'complex adaptive systems' engage in processes of self-organization. The goal is to provide an integrated analysis of both selection and self-organization that is uniquely economic in orientation. After a brief overview of the many key achievements and continuing challenges, the first part of the book deals with theoretical perspectives, discussing institutional change, social constructions, complexity, selection and self-selection and the usefulness of theory. Part two deals with empirical perspectives and includes discussion of replicator dynamics, the measurement of heterogeneity and complexity, and modelling organizations as complex adaptive systems. This unique book will appeal to evolutionary and industrial economists and policymakers involved with issues of innovation and management scientists.

Environmental Costs and Liberalization in European Air Transport - A Welfare Economic Analysis (Hardcover): Youdi Schipper Environmental Costs and Liberalization in European Air Transport - A Welfare Economic Analysis (Hardcover)
Youdi Schipper
R2,180 Discovery Miles 21 800 Shipped within 20 - 25 working days

With air transport becoming an increasingly vital part of the economy, the regulatory reform of this market has been a major development in European political economy. This book focuses on two market failures within the airline industry - market power and environmental externalities - and analyses how they have been affected by deregulation. The author employs economic models complemented by extensive empirical research, to demonstrate how the introduction of competition, brought about by liberalization, has resulted in considerable consumer benefits. The author argues that these benefits, such as increased choice through the expansion of operations, must be off set against increased environmental costs including greater noise pollution and emissions, not to mention the reduction of profits that often accompany market liberalization. In the process the book tackles a number of important issues including the background and history of airline regulation in the EU, the basic policy trade-off between monopoly power and external costs, monetary valuation of externalities, and the relationship between airline scheduling and external costs. Perhaps surprisingly, the author concludes that even in the presence of environmental costs, the introduction of competition in airline markets has resulted in net welfare improvements. Policymakers, as well as practitioners and researchers of environmental and transport economics, should draw great value from this original and pertinent volume.

Managing New Product Development and Innovation - A Microeconomic Toolbox (Hardcover): Hariolf Grupp, Shlomo Maital Managing New Product Development and Innovation - A Microeconomic Toolbox (Hardcover)
Hariolf Grupp, Shlomo Maital
R3,013 Discovery Miles 30 130 Shipped within 20 - 25 working days

Managing New Product Development and Innovation provides a new approach to the microeconomics of innovation by measuring the technical quality of new products and guiding the managers of innovation and technology in the central considerations of today's knowledge-based companies. The volume features a selection of practical microeconomic tools for managing new product development and innovation. By quantifying product features and evaluating the costs and market value of improvements, a simple yet powerful conceptual framework is created. Using this framework, creative business models can be built, along with innovative products, services and processes that achieve marketplace success. The authors address five key questions facing managers of knowledge-based companies: * Which new features should be added to existing products? * Which radically new features should be innovated? * How can marketing and R&D be integrated? * How can the value of brand names be estimated and optimized? * How can the sophistication of product technology be measured - both at a given point in time and between two points in time? This path-breaking volume will be essential reading for managers of innovation, and will be warmly welcomed by teachers and advanced students with an interest in innovation and industrial economics.

Air Transport Networks - Theory and Policy Implications (Hardcover): Kenneth Button, Roger R. Stough Air Transport Networks - Theory and Policy Implications (Hardcover)
Kenneth Button, Roger R. Stough
R3,067 Discovery Miles 30 670 Shipped within 20 - 25 working days

Air Transport Networks provides an economic analysis of the way in which the air transport industry operates and the nature of the policies that have been adopted to regulate the sector. The book covers domestic and international air transportation with an emphasis on airlines and includes discussions of related markets such as airports and air traffic control. The authors provide details of how the sector functions and the reasons why the airline industry performs as it does today and explore the ways in which governments have, over the years, attempted to manipulate air transport markets to meet political objectives. This volume will be warmly received by those interested in the operations and the influences that public policy has on the air transport sector. Air Transport Networks will also appeal to policymakers and to those working in the air transportation sector.

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